UK Government Spokesperson says nothing is off the table in response to US tariffs; is discussing tariffs with the US administration at all levels; talks will continue
Newsquawk Staff ·
UK Government Spokesperson says nothing is off the table in response to US tariffs; is discussing tariffs with the US administration at all levels; talks will continue.
What it means
The UK's indication that "nothing is off the table" regarding US tariffs signals a potential escalation in trade tensions but also an openness to dialogue. This could impact markets by increasing volatility in currencies and commodities, especially if any concessions are made or if retaliatory measures are introduced. Traders should monitor developments closely, as the outcomes of these discussions could significantly influence risk sentiment across assets.
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